For decades group health insurance contracts have required that the employer pay for at least 50% of the employee only rate in order for a group contract to be put into effect. For many years, health insurance was relatively cheap and employers routinely paid for all or a very high percentage of the cost of their employee's health insurance coverage and often for the coverage of their dependents as well.
As health insurance rates have steadily risen over the last 20 years there has been a steady erosion in the percentage or dollar amount that employers pay towards their employee's monthly premiums. This has resulted in cost shifting to the employees in the form of higher payroll premium deductions and this trend continues even with the new ObamaCare requirements.
Employer contribution levels vary widely from company to company but can be expected to fall within the 50% to 100% of the employee rate range though far more employers are getting closer to the 50% level than the 100% level.
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As health insurance rates have steadily risen over the last 20 years there has been a steady erosion in the percentage or dollar amount that employers pay towards their employee's monthly premiums. This has resulted in cost shifting to the employees in the form of higher payroll premium deductions and this trend continues even with the new ObamaCare requirements.
Employer contribution levels vary widely from company to company but can be expected to fall within the 50% to 100% of the employee rate range though far more employers are getting closer to the 50% level than the 100% level.